Entries by

Vodacom reaches 100% renewable electricity goal

Telecommunications giant Vodacom Group has reached a major decarbonisation milestone – 100% of its purchased electricity is now from renewable sources. The group has several on-site renewable power installations, procures electricity through renewable power purchase agreements (PPAs) and purchases renewable energy certificates (RECs).
June 10, 2025 by

South Africa wins $1.5bn World Bank infrastructure loan

The World Bank has approved a $1.5-billion loan to support structural reforms aimed at boosting South Africa’s infrastructure. The Washington-based lender said in a statement the operation will address the nation’s challenges of low growth and high unemployment by easing constraints in its energy and freight transport sectors.
June 10, 2025 by

Mulilo emerges as battery-storage force, participating in 65% of projects awarded

South African independent power producer (IPP) Mulilo has emerged as a leading battery storage project sponsor following three public procurement bidding rounds. It is participating in 12 of the 18 projects awarded, which together have a capacity of 1 134 MWh/4 536 MWh, representing a market share of 65%. The Cape Town-based IPP has taken the lead in nine of the projects in the North West, Free State and Gauteng provinces, and is partnering with EDF in three Northern Cape projects that are currently under construction and have a capacity of 257 MW/1 028 MWh.
June 10, 2025 by

South Africa provides details on Credit Guarantee Vehicle as it confirms ITP procurement timelines

The South African government has provided an update on the timelines for the launch of the inaugural procurement of independent transmission projects (ITPs), as well as additional insight into the design of the so-called Credit Guarantee Vehicle (CGV) being set up to de-risk the programme for investors and government itself. In a joint statement, the Department of Electricity and Energy (DEE) and the National Treasury announced that the prequalification tender, or request for qualifications (RFQ), would be issued by the end of July to “shortlist capable, experienced, and financially sound bidders to proceed to the next stage of the ITP procurement process”.
June 6, 2025 by

South Africa’s IPP procurement model under review amid sustainability concerns

South Africa’s Independent Power Producer Office (IPPO) has confirmed that it is undertaking a comprehensive review of the country’s public procurement framework for independent power producers (IPPs), which has hitherto been dominated by renewable energy. The model was once lauded internationally but is currently facing significant headwinds, with analysis by the University of Cape Town’s (UCT’s) Power Futures Lab showing that of the 14 800 MW tendered since 2020, only 7 343 MW has been awarded, while less than 20% has reached financial close.
June 6, 2025 by

Uncertainty arises about electricity traders’ access to virtual wheeling over Eskom’s network

The indication by State-owned utility Eskom that virtual wheeling is not yet available to licensed electricity traders is “surprising and disappointing”, EE Business Intelligence MD Chris Yelland tells Engineering News. The company held a webinar about virtual wheeling on June 5, during which Eskom Distribution strategy development senior manager Mutenda Tshipala made this announcement.
June 6, 2025 by

Global energy investment to reach record $3.3tr this year

Global energy investment is set to increase to a record $3.3-trillion this year, despite headwinds from elevated geopolitical tensions and economic uncertainty, according to the International Energy Agency’s (IEA’s) latest yearly ‘World Energy Investment’ report. The report, which provides key insights on the latest investment trends across the global energy landscape, finds that investment in clean energy technologies, such as renewables, nuclear, grids, storage, low-emissions fuels, efficiency and electrification, is on course to hit $2.2-trillion this year.
June 5, 2025 by